By Greg Hunter’s USAWatchdog.com - December 21, 2024

Legendary financial and geopolitical cycle analyst Martin Armstrong is back with a new round of predictions, and they are not going to make life easy for President Elect Trump. Armstrong says, “Our computer has been projecting that we are going into a depression in some areas and a recession in other areas. A depression most likely in Europe and a recession in the United States up until 2028. . . . At my November conference, everybody was celebrating after Trump won. I stood up and told my clients, ‘I’m sorry, Trump is not going to have a blissful administration, and he’s not going to prevent the economic decline.’ (Please remember, Armstrong predicted Donald Trump would win in a landslide many months before the November 2024 Election.)

Armstrong goes on to say, “We have a serious, serious problem on a global scale. . . . The sovereign debt crisis is really going to start percolating in 2025. It’s probably going to reach a major crisis by 2026 and 2027. Why? They have dictated all these banks and pension funds . . . 70%, generally, must be invested in government bonds. . . . They say it’s ‘safe,’ but it’s the worst debt possible. . . . So, if the government goes into a sovereign default, what happens? You wipe out the banking system and the pensions.”

Does Armstrong think the governments around the world are going to go into a sovereign default? Armstrong says, “Oh yeah. How does a government default? We are in this Ponzi Scheme. They have to keep selling new debt to pay off the old debt. . . . When you can’t sell the new debt, that’s when the default happens because you can’t pay off the old debt.” . . .

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In closing, Armstrong says, “They can’t stop Trump from taking office, but they can delay him with martial law. Martial law has been enacted 60 times in the United States. . . . The neocons are scared to death of Trump and really want to trap him in war before he takes office.”

There is much more in the 56-minute interview.